MIS International Inc. Announces 13Million in Financing

17 February 1998

    MISSISSAUGA, Ontario, Feb. 16 -- MIS International Inc.
(OTC Bulletin Board: MISM) announced today that it has received a formal
letter of intent for thirteen million dollars in financing.
    According to MIS CEO Dan Masters, "Financing is being provided by a US
based financial institution.  They will provide us with enough capital to
complete all three current acquisitions as well as give MIS adequate working
capital requirements."
    MIS International Inc. develops and franchises retail concepts on a multi
unit basis.  MIS currently has two distinct franchise concepts, Pretzel
Twister in the snack food industry and Wheel to Wheel in the automotive repair
industry.

SOURCE  MIS International Inc.